NUBURU, Inc. has closed a $12 million public offering and anticipates trading on NYSE American to resume on March 2, 2026. The company's shares were halted on February 13, 2026, after falling below $0.10, triggering non-compliance with the exchange's minimum trading price requirement. To restore compliance, NUBURU will execute a 1-for-4.99 reverse stock split before trading resumes. Management cautioned that if the stock price again drops below $0.10 after trading restarts, shares could face another halt and potential delisting. The public offering included 58,379,137 shares of common stock, 50,711,772 pre-funded warrants, and common warrants exercisable for up to 163,636,364 shares. Joseph Gunnar & Co. LLC acted as the exclusive placement agent for the transaction.
The capital infusion comes as NUBURU undergoes a strategic transformation from a laser-technology company into a dual-use Defense & Security platform provider. The company leverages proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and industrial partnerships to address high-value defense, security, and operational-resilience markets. For more information, visit https://www.nuburu.net. The press release was distributed through InvestorWire, a specialized communications platform that is part of the Dynamic Brand Portfolio at IBN. InvestorWire provides wire-grade press release syndication, editorial distribution to over 5,000 outlets, enhanced press release services, social media distribution, and tailored corporate communications solutions. For more details, visit https://www.InvestorWire.com. Full terms of use and disclaimers are available at https://www.InvestorWire.com/Disclaimer.
The $12 million offering provides NUBURU with essential capital to advance its strategic shift while the reverse stock split and anticipated trading resumption represent a crucial effort to maintain its NYSE American listing. This development is significant for investors and the defense sector, as it underscores the financial and regulatory challenges facing companies transitioning into specialized high-tech markets. The company's ability to sustain its stock price above the $0.10 threshold post-resumption will be critical to avoiding further trading disruptions and delisting risks. The move highlights the broader implications for firms navigating stock exchange compliance while pivoting business models, particularly in capital-intensive industries like defense technology where market confidence and regulatory standing are intertwined with operational funding and growth prospects.
